RLPC: Robust loan demand sinks Gardner Denver's borrowing costs

NEW YORK, July 26 (Reuters) - Global industrial manufacturer Gardner Denver this week raised $2.825 billion in leveraged loans to fund its acquisition by private equity sponsor Kohlberg Kravis Roberts & Co. Hefty demand for the loans sent yields on both the U.S. dollar and euro tranches below 5 percent, with the U.S. dollar TLB upsized by $100 million.